Doctrine of Patent Exhaustion Examined in Bowman v. Monsanto Company
Monsanto, a Missouri headquartered company which manufactures a genetically modified soybean seed called the Roundup Ready Seed sued farmer Vernon Bowman for infringing on their seed patent. Monsanto claimed Bowman reproduced their patented seeds for planting and harvesting without their permission. Can a farmer reproduce patented seeds?
Each state has its own unique set of marital property laws in place to govern divorce settlements. A state will either follow separate property or community property laws. In separate property states such as Florida, property acquired during the marriage by one spouse remains that spouse’s property upon divorce, whereas in community property states all […]
“Hence the saying: If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” Sun Tzu, […]
Business assets have value. Understanding the value of assets on hand is important to starting a business, to conducting a business, and to dissolving a business. Ironically, many business leaders who are diligent about routinely tracking the value of hard assets, like a truck or a building, have no similar discipline in place to measure […]
Does Facebook have the right to use your photos without your permission? Are your intellectual property rights over personal photos and videos forfeited when posted to Facebook? I am going to address both of these questions separately. Let us start with the first question. Can Facebook use your photos without your consent? No. Facebook does […]
Your company has decided to conduct an audit to take inventory of its intellectual assets (IA), and has an idea of the level of abstraction at which it will identify those assets. So where should the company start seining for IA information? The following tips may be helpful.
In my last post, I shared my experience selling a software line of business valued by the buyer entirely for the business’s intellectual assets rather than for its tangible assets. As it turns out, my experience is not unique. In today’s economy, intangible assets constitute nearly 80 percent of corporate value. The other 20 percent […]
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